February 02, 2006
The Fed Jedi
Finally someone pegs Greenspan correctly.
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One of the knocks I’ve heard on Bernanke is that he is, ironically, too plainspoken—that is, too easily understood. Much of Greenspan’s success can be attributed to his foggy, quasi-Zen-like pronouncements which, to me at least, often recalled Peter Sellers’ Chauncey Gardiner in Being There. There was a soothing potentially deep confusion to them—as if Yoda had taken a dose of LSD and suddenly whipped out an abacus.
Oh, Alan, we will miss thee.
You can go read the rest if you want. Me? I've just been visited by Mr. Chesterfield: I'm satisfied.
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